Debit Card Theft

As many as six persons were arrested in Maharashtra's Thane district for allegedly stealing credit and debit card data of people and using the information to book flight tickets and rooms in five-star hotels and selling them at cheaper rates.

Police have registered a case against a woman for illegally entering the Shri Ram College of Commerce (SRCC) girls' hostel and stealing cash and a debit card, with which she bought goods worth over Rs 35,000, an official said on Monday.

The police have registered a case against a woman for illegally entering the girls' hostel of the Shri Ram College of Commerce in New Delhi and stealing cash and a debit card, which she used to make purchases worth over Rs 35,000, an official said on Monday.

In the biggest-ever security breach in the domestic banking sector, over 32 lakh debit cards of various banks were compromised after a cyber malware attack in the ATM systems of Yes Bank in May-June.

The Finance Ministry has asked various agencies, including the Reserve Bank of India, to submit in 10 days their report on a data breach involving over 3 million debit cards, Press Trust of India reported citing ministry sources.

Finance Minister Arun Jaitley said today that he has sought a report on the misuse of debit cards after a massive data breach compromised over 3 million cards. "The idea is to contain damage," Mr Jaitley said.

The size of the theft at Home Depot trails only that of TJX Companies' heist of 90 million records disclosed in 2007.

The U.S. is the juiciest target for hackers hunting credit card information and experts say incidents like the recent data theft at Target's stores will get worse before they get better.

A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.

Officials of the Kondhwa police station arrested a 25-year-old man on Wednesday, after he stole another man's wallet at a local gymnasium and used the victim's debit card to shop for gold, besides paying for fuel for his bike at a petrol pump on Moledina roada. The police said Mohsin Zahed stole Akbar Shaikh's debit card while the latter was workin...

The Malabar Hill police have arrested a 22-year-old former driver of a millionaire businessman for allegedly stealing the latter's debit card and decamping with lakhs of rupees. The victim, suffering from short term memory loss, had written his PIN on the back of the card, which was stolen by the suspect to withdraw money."We have recovered the sto...

A computer hacker from Miami who orchestrated one of the largest theft of credit and debit card numbers in U.S. history was sentenced Thursday to 20 years in prison after he apologized for leading a scheme that cost companies, banks and insurers nearly $200 million.

As many as six persons were arrested in Maharashtra's Thane district for allegedly stealing credit and debit card data of people and using the information to book flight tickets and rooms in five-star hotels and selling them at cheaper rates.

Police have registered a case against a woman for illegally entering the Shri Ram College of Commerce (SRCC) girls' hostel and stealing cash and a debit card, with which she bought goods worth over Rs 35,000, an official said on Monday.

The police have registered a case against a woman for illegally entering the girls' hostel of the Shri Ram College of Commerce in New Delhi and stealing cash and a debit card, which she used to make purchases worth over Rs 35,000, an official said on Monday.

In the biggest-ever security breach in the domestic banking sector, over 32 lakh debit cards of various banks were compromised after a cyber malware attack in the ATM systems of Yes Bank in May-June.

The Finance Ministry has asked various agencies, including the Reserve Bank of India, to submit in 10 days their report on a data breach involving over 3 million debit cards, Press Trust of India reported citing ministry sources.

Finance Minister Arun Jaitley said today that he has sought a report on the misuse of debit cards after a massive data breach compromised over 3 million cards. "The idea is to contain damage," Mr Jaitley said.

The size of the theft at Home Depot trails only that of TJX Companies' heist of 90 million records disclosed in 2007.

The U.S. is the juiciest target for hackers hunting credit card information and experts say incidents like the recent data theft at Target's stores will get worse before they get better.

A brazen gang of cyber criminals, who stole $45 million from bank ATMs in 27 countries, exposes an Achilles heel in the global financial industry: prepaid debit cards.

Officials of the Kondhwa police station arrested a 25-year-old man on Wednesday, after he stole another man's wallet at a local gymnasium and used the victim's debit card to shop for gold, besides paying for fuel for his bike at a petrol pump on Moledina roada. The police said Mohsin Zahed stole Akbar Shaikh's debit card while the latter was workin...

The Malabar Hill police have arrested a 22-year-old former driver of a millionaire businessman for allegedly stealing the latter's debit card and decamping with lakhs of rupees. The victim, suffering from short term memory loss, had written his PIN on the back of the card, which was stolen by the suspect to withdraw money."We have recovered the sto...

A computer hacker from Miami who orchestrated one of the largest theft of credit and debit card numbers in U.S. history was sentenced Thursday to 20 years in prison after he apologized for leading a scheme that cost companies, banks and insurers nearly $200 million.